Savings Plans
Savings Plans
- Regular Savings
- Money Markets
- Christmas Clubs
- All-purpose Clubs
- Share Certificate and Individual Retirement Account (IRA) Certificates
- IRAs
- Direct Deposit
KSW Rate and Fee Schedule (PDF) for Share and Share Draft Accounts
Free Kasasa Saver®
Save effortlessly with this free account that links to your Kasasa Cash® or Kasasa Cash Back® checking. You’ll also earn high dividends!
- Links to free Kasasa Cash or Kasasa Cash Back checking
- Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
- 0.75% APY* on balances up to $25,000
- 0.05% APY* if qualifications are not met
- No minimum balance to earn rewards ($25 minimum balance to remain open)
- No monthly maintenance fee
- $25 minimum deposit to open
Money Market Accounts
Money markets are a unique way to save. A Money Market account is a hybrid saver, a cross between a traditional savings account and a share certificate. Each money market comes with a deposit minimum limit like a share certificate. However, unlike a share certificate you as the investor have access to your funds, two times a month without a penalty.
Money Market Rates
Rate as of 2/14/2023
| Tiers | Minimum Balance | Dividend Rate | Annual % Yield |
|---|---|---|---|
| Tier 1 | $2,000.00 | 2.00% | 2.018% |
| Tier 2 | $25,000.01 | 2.25% | 2.273% |
| Tier 3 | $50,000.01 | 2.50% | 2.529% |
For All of Life’s Stages
KSW FCU has a fun way for kids to save money with Monty Moose!
Monty Moose accounts are open to kids 12 and under. Accounts require only a $5.00 deposit. With our Monty Savings Account, kids earn Monty Moose Bucks for each deposit of $5.00 or more. They can spend those Bucks in our Monty Moose Showcase. The Showcase offers a variety of toys, puzzles, and art supplies.
Any child opening a new Monty Moose account will receive 1 Buck, a KSW FCU piggy bank, and Club Wallet! Members also receive a birthday postcard of 5 Bucks, and an invitation to special contests and events during our annual Youth Week Celebration!
Please note: Monty Moose Bucks have no cash value. The account holder must be present for Bucks to be given. If any member of the Credit Union suspects mistreatment of the program, the Credit Union reserves the right to deny program rewards. Subject to change without notice. Some restrictions may apply.
Financial Planning
KSW Federal Credit Union is pleased to announce a relationship with Zack Longley, a Financial Planner from Northeast Planning Associates, Inc. Zack specializes in wealth management, retirement planning, estate planning, income tax reduction, personal investment strategies, and educational funding, just to name a few. As a KSW member, you are able to access his knowledge by making a free initial appointment. Please call either office to make an appointment.